This "banc villageois" loan association was created April 22, 2007. It comprises women who share very strong solidarity links because of their companionship over the past five years, that is currently 12 loan cycles.

The members wish to develop income-generating activities to improve their living conditions and facilitate access to basic food products. These women's main activity is small retail business, and they also grow crops in the rainy season.

Mrs. Thièdo (seated at the far right with her hand raised) is the group's featured borrower. She is married and has five children, three girls and two boys. Her business is to sell basic consumer goods: sugar, tea, seasonings and various other food products.

With the new loan she will buy a bag of sugar, a gross of tea and a few packages of bouillon cubes for retail sales.

Profits will enable her to support her husband in managing family needs.

Additional Information

More information about this loan

This loan is going to a borrower or borrower group living in a rural area.

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.